| |
Zions Direct |
E*Trade |
TD Ameritrade |
Schwab |
Fidelity |
Scottrade |
| Branch Offices |
400+ |
21 |
150 |
400+ |
100+ |
260+ |
| Online Fixed Income |
$10.951 Flat |
$40 Minimum |
$40 Minimum |
$54.95 Minimum |
$19.95 Minimum up to $500 Maximum |
Listed are $35.00 plus $3.00 per bond |
| Online Stock Trades |
$10.952 |
$12.99 |
$9.99 |
$19.95 up to 1000 shares and $.015/share for orders over 1000 shares |
$19.95 up to 1000 shares and $.015/share for orders over 1000 shares |
$7.00 |
| Online Option Trades |
$10.95 + $1.50 per contract |
$12.99 + $1.75 per contract |
$9.99 + $.75 per contract |
$9.95 + $1.40 per contract |
$19.99 + $.75 per contract |
$7.00 + $1.25 per contract |
| Broker-Assisted Market Orders |
Online Rate + $25.00 |
$40.00 Minimum |
$44.99 Minimum |
$29.95 up to 1000 shares plus $.03 for each additional share |
$55.00 up to 100 shares plus $.14 for each additional share |
$27.00 |
IRA Fees |
$35 |
No Fee |
No Fee |
$50/year4 |
No Fee |
No Fee |
| Inactivity Fee |
No Fee3 |
$40/qtr |
No Fee |
$30/qtr4 |
No Fee |
No Fee |
| Margin Rates |
8.75%5 |
10.24%5 |
10.75%5 |
10.75%5 |
10.575%5 |
10.25%5 |
Broker Comparison Chart as of 5/02/06
1 Zions Direct, or Zions First National Bank reserves the right to act as principal on any fixed income transaction, public offering or any other securities transaction. A markup may be included in the price for Corporate Bonds, Municipal Bonds, U.S. Treasury and Agency, Bills, Notes, Bonds and CDs. Zions Direct may act as a "riskless" principal in fixed-income transactions.
2 Securities under $1, $29.95 per transaction. $10.95 plus SEC Fee.
3 $100 per year inactivity fee for accounts with no qualifying transaction or that is not linked to a Zions Bancorp affiliate account. No inactivity fees in IRA accounts.
4 Fee may be waived at certain asset level.
5 Based on $20,000 debit balance. Effective September 18, 2007
Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Please read http://www.optionsclearing.com/publications/risks/riskchap1.jsp prior to investing in this strategy.
*The information provided here is believed, but not guaranteed, to be true. This information does not account for different levels of service that may be provided. The data contained in this section was verified from the websites of the companies listed above as of 5/2/2006.
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